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Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.

Maserati Kubang (2011) at Frankfurt motor show

Yes, yes - CAR Online got a bit excited last week and thought it had scooped the new Maserati SUV when it hadn't. But this one is real: Maser showed the new Kubang concept in the metal at the 2011 Frankfurt motor show. If that badge sounds familiar, that's because Maserati showed a concept car bearing the same name at the Detroit auto show 2003.

Bentley collaborates with Estede for solid gold sunglasses

Bentley and Estede have reported that sales of the first collection of limited edition solid gold sunglasses are through the roof. Celebrating the one-year anniversary of working together, the stylish and somewhat decadent sunglasses line is designed with Bentley's dedication of luxury in mind. The modern sunglasses, created in the style of the popular aviator eyewear, are available in either 18-carat solid gold, silver palladium or platinum with the Bentley ‘B' logo embedded in the hand-polished coating, with engraved surfaces reflecting the quilted leather interior favored in Bentley cars.